Canadian Pacific Kansas City Limited declares dividend

Rhea-AI Summary

Canadian Pacific Kansas City (CP) has announced a quarterly dividend payment. The Board of Directors declared a dividend of $0.19 per share on outstanding Common Shares. Shareholders of record as of December 27, 2024, will receive the payment on January 27, 2025. The dividend qualifies as an 'eligible' dividend under the Income Tax Act (Canada) and similar provincial/territorial legislation.

Positive

• Consistent dividend payment maintained at $0.19 per share
• Dividend qualifies for tax advantages under Canadian legislation

Negative

• None.

News Market Reaction

-1.03%

1 alert

-1.03% News Effect

On the day this news was published, CP declined 1.03%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

CALGARY, AB, Oct. 23, 2024 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP) (CPKC) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares.

The dividend is payable on Jan. 27, 2025, to holders of record at the close of business on Dec. 27, 2024, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.

About CPKC

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf of México to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC. CP-IR

View original content to download multimedia:https://www.prnewswire.com/news-releases/canadian-pacific-kansas-city-limited-declares-dividend-302284698.html

SOURCE CPKC

FAQ

What is CPKC's dividend amount for Q4 2024?

Canadian Pacific Kansas City (CP) declared a quarterly dividend of $0.19 per share for Q4 2024.

When is CP's next dividend payment date?

CP's next dividend payment is scheduled for January 27, 2025.

What is the record date for CP's latest dividend?

The record date for CP's latest dividend is December 27, 2024.

Is CP's dividend eligible for Canadian tax benefits?

Yes, CP's dividend qualifies as an 'eligible' dividend under the Income Tax Act (Canada) and similar provincial/territorial legislation.